Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h +0.043%

Price spread now: MEXC against Deribit+0.014%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Deribit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.014%, 7d avg +0.018%

Together, before fees+0.296%+$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7387	−0.0034	get 0.0004% / 1h	50m 04s	$11K	$117K	25x
Short	MEXC ASTER_USDT	0.7388	0.0100	get 0.0050% / 4h	2h 50m	$33.7M	$16.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee MEXCbpOrdersPrice spread, now +0.014%Rate

Funding earned: $28.18
Price spread: +0.014% → +0.018%: −$0.45
Slippage, 4 orders: −$34.9
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$14.16
Costs to cover: 0.419%
Break-even: 10.5 days

Slippage from Deribit: live order book, 38 min ago; MEXC: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 38 min ago	9.57 bp	26.5 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.68 bp	0.7 bp −$1	3.3 bp −$33	34.7 bp −$3,473	144.4 bp −$72.2K

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7389	+0.032%	$252K	$836K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.135%	$9	$54K	5.5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	−0.0034%	1h	0.7387	long leg	$11K	$117K	25x
Aster ASTERUSDT	0.0000%	4h	0.7385	−0.027%	$56.7M	$100.1M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7387	+0.003%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0012%	1h	0.7386	−0.014%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7388	+0.018%	$908K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0098%	4h	0.7389	+0.027%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7386	−0.007%	$367K	$281K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7390	+0.037%	$253K	$109K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7386	−0.012%	$90.6M	$106.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7385	−0.027%	$49.1M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7387	0.000%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7387	0.000%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7388	+0.014%	$33.7M	$16.1M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7386	−0.012%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7388	+0.014%	$18.0M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7386	−0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7388	+0.018%	$266K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7379	−0.115%	$2.0M	$346K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7414	+0.372%	$457K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7393	+0.081%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7393	+0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7384	−0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7384	−0.041%	$241K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7385	−0.030%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7393	+0.077%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0200%	1h	0.7389	+0.027%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0263%	1h	0.7389	+0.026%	$284K	$421K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7385	−0.025%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7384	−0.041%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0395%	1h	0.7396	+0.126%	$25.9M	$6.8M	5x	as long as short